Wednesday, May 25, 2022

Thursday's News Links

[Yahoo/Bloomberg] Stocks Rise as Traders Weigh Fed, China Outlook: Markets Wrap

[Yahoo/Bloomberg] Oil Gains as US Stockpiles Tighten Ahead of Driving Season

[Reuters] U.S. weekly jobless claims fall; first-quarter economic contraction confirmed

[AP] CEO pay up 17% as profits, stocks soar; workers fall behind

[Yahoo/Bloomberg] China’s Economic Slump Shows No Signs of Bottoming Out in May

[AP] As Ukraine war grinds, world pushes for way to get grain out

[Yahoo/Bloomberg] Ukraine Latest: US Envoy Warns of Russian Attack ‘Springboard’

[Reuters] Analysis: Russia prepares to seize western firms looking to leave

[Reuters] Russian central bank slashes key rate, sees room to cut further

[Yahoo/Bloomberg] China’s Premier Gives Dire Growth Warning in Unpublished Remarks

[CNN] 100,000 Chinese officials attend emergency meeting to revive Covid-hit economy

[Yahoo/Bloomberg] China Protesters Demand Back Billions Tied to Suspected Scam

[Newsweek] Japan, Emboldened by Biden and Wary Over Ukraine, Gets Tough on China

[Reuters] UK inflation is causing 'acute distress', Sunak says

[Reuters] South Korea steps up inflation fight with back-to-back rate hikes

[Reuters] Turkey's cenbank holds rate at 14% despite lira slide, soaring inflation

[Yahoo/Bloomberg] The Reasons to Worry Just Keep Piling Up for Davos Executives

[WSJ] Natural-Gas Prices Surge as Summer Cooling Season Switches On

[WSJ] Blinken to Stress U.S. Remains Focused on China, Even as War Rages in Ukraine

[FT] Apple raises pay as inflation climbs and labour competitiveness grows

Wednesday Evening Links

[Yahoo/Bloomberg] Stocks Climb in Volatile Session After Fed Minutes: Markets Wrap

[Yahoo/Bloomberg] Oil Musters First Gain This Week as US Inventories Slip

[AP] Fed officials signal rates may head to ‘restrictive’ levels

[Yahoo/Bloomberg] Fed Saw Aggressive Hikes Providing Flexibility Later This Year

[Yahoo/Bloomberg] CBO Sees Budget Deficit Shrinking in 2022 as Pandemic Costs Wane

[Reuters] IIF cuts 2022 global GDP growth estimate in half, flows to EM to drop 42%

[Bloomberg] Goodhart Slams ECB’s Ultra-Loose Policy, Warns of ‘Very Difficult’ Task for Officials

[WSJ] Fed Minutes Show Urgency for Raising Rates to Tame High Inflation

[FT] Fed officials raised possibility of ‘restrictive’ policy to fight inflation

Wednesday Afternoon Links

[Reuters] Wall Street rises on growth stocks ahead of Fed minutes 

[Yahoo/Bloomberg] Natural Gas Tops $9 in US as Supply Crunch Concerns Mount

[Yahoo/Bloomberg] Ukraine Says Russia Peace Talks Going ‘Nowhere’: Davos Update

[Yahoo/Bloomberg] Egg Prices Could Rise as Much as 21% This Year as Bird Flu Hits US

[CNBC] Capital gains may have triggered hundreds of billions more in individual taxes for 2021

[Yahoo/Bloomberg] Lagarde’s Rate Plan Wins ECB Backing But Big Hikes Stay in Play

[MSN/Bloomberg] China Follows Biden Remarks by Announcing Taiwan Military Drills